Richard Horn is a former CFPB Senior Counsel & Special Advisor who led the rule integrating the mortgage disclosures under the Truth in Lending Act and the Real Estate Settlement Procedures Act (the TILA-RESPA integrated disclosures, also known as “TRID”).
In this post, I’ll provide a more detailed, but plain language review of the PHH Corp. v. CFPB case and what it means for your business. The long-awaited decision was finally issued in January, and its impact on the industry is significant.
Richard Horn, who led the final TRID rule while a Senior Counsel & Special Advisor in the Consumer Financial Protection Bureau’s Office of Regulations, is one of the foremost experts on TRID and other consumer finance laws and regulations. He is currently in private practice at Richard Horn Legal,